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A’s share Las Vegas ballpark renderings; public funds capped at $380M

A’s share Las Vegas ballpark renderings; public funds capped at 0M

The Oakland Athletics’ pursuit of relocating the franchise to Las Vegas came into focus Friday as the organization released its first renderings of what a potential new stadium there would look like.

A clearer picture also emerged of how much public money Nevada could contribute to bring the A’s to the desert.

Nevada and Clark County would commit up to $380 million in public money to a ballpark project aimed at bringing an MLB team, most likely the A’s, to Vegas, according to the draft of a bill obtained and published by the Nevada Independent. The A’s have been negotiating with Nevada officials on a public contribution for a proposed $1.5 billion ballpark project. Public funds would need to be approved by Nevada’s legislature, which has not been formally presented the ballpark measure.

According to the bill draft published by the Independent, a public funding package would include $180 million in transferable tax credits issued by the state of Nevada and $120 million in Clark County-issued bonds to be paid off through the creation of a tax financing district around the stadium area.

  • May 26, 2023